The technology matrix M for an economy based on agriculture (A) and manufacturing (M) is as follows. Complete parts (A) and (B) below. A M 0.25 0.35 M = A M [ 0.4 0.76 (A) Find the output for each sector that is needed to satisfy a final demand of $40 million for agriculture and $50 million for manufacturing. The agriculture sector needs to output $ (Type integers or decimals.) million and the manufacturing sector needs to output $[ million.

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The technology matrix M for an economy based on agriculture (A) and manufacturing (M) is as follows. Complete parts (A) and (B) below.
A
M
0.25
0.4
0.76 0.35
A
M=
M
(A) Find the output for each sector that is needed to satisfy a final demand of $40 million for agriculture and $50 million for manufacturing.
The agriculture sector needs to output $ million and the manufacturing sector needs to output $ million.
(Type integers or decimals.)
Transcribed Image Text:The technology matrix M for an economy based on agriculture (A) and manufacturing (M) is as follows. Complete parts (A) and (B) below. A M 0.25 0.4 0.76 0.35 A M= M (A) Find the output for each sector that is needed to satisfy a final demand of $40 million for agriculture and $50 million for manufacturing. The agriculture sector needs to output $ million and the manufacturing sector needs to output $ million. (Type integers or decimals.)
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